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Some investors backing out of SPAC merging with Trump’s media firm

The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 23 (Reuters) – Some investors are backing out of Digital World Acquisition Corp’s (DWAC.O) plan to …

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Raytheon $985 mln hypersonic award puts them far ahead in contracting race

The Pentagon is seen from the air in Washington, U.S., March 3, 2022, more than a week after Russia invaded Ukraine. REUTERS/Joshua RobertsRegister now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Sept 22 (Reuters) – The Pentagon on Thursday said it awarded Raytheon Technologies (RTX.N) a $985 million dollar contract to develop prototypes for a hypersonic …

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Tesla recalls nearly 1.1 million U.S. vehicles to update window reversing software

Register now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Sept 22 (Reuters) – Tesla (TSLA.O) is recalling nearly 1.1 million U.S. vehicles because the window automatic reversal system may not react correctly after detecting an obstruction, increasing the risk of injury.The electric vehicle manufacturer told the National Highway Traffic SafetyAdministration (NHTSA) that it would perform an …

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Biden, unions, rail executives struggle for deal as shutdown looms

DETROIT/LOS ANGELES, Sept 14 (Reuters) – Biden administration officials hosted labor contract talks late on Wednesday to avert a potential rail shutdown that could disrupt cargo shipments and impede food and fuel supplies, but one small union rejected a deal and Amtrak canceled all long-distance passenger trips.Railroads including Union Pacific (UNP.N), Berkshire Hathaway’s (BRKa.N) BNSF …

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U.S. signs deal with Google to develop chips for researchers

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew KellyRegister now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Sept 13 (Reuters) – The U.S. Commerce Department said it reached a cooperative research and development agreement with Alphabet Inc’s (GOOGL.O) Google to produce chips …

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Twitter whistleblower reveals employees concerned China agent could collect user data

Register now for FREE unlimited access to Reuters.comRegisterSept 13 (Reuters) – Disclosures from a former Twitter Inc (TWTR.N) executive turned whistleblower show that Twitter was informed of at least one Chinese agent working at the social media company, U.S. Senator Chuck Grassley said in his opening remarks during a Senate hearing on Tuesday featuring testimony …

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Explainer: The G7’s price cap on Russian oil begins to take shape

A model of 3D printed oil barrels is seen in front of displayed stock graph going down in this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Sept 12 (Reuters) – The Group of Seven countries is working to cap the price of Russian oil in an attempt …

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Biden administration denies Cheniere’s request to sidestep LNG pollution rule

Register now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Sept 6 (Reuters) – The U.S. Environmental Protection Agency (EPA) said on Tuesday it has denied a request from leading liquefied natural gas (LNG) exporter Cheniere Energy Inc (LNG.A) to exempt turbines at its two U.S. Gulf Coast terminals from a hazardous pollution rule.The rejection raises questions …

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Trump media deal suffers blow as SPAC fails to win extension

The Truth social network logo is seen displayed behind a woman holding a smartphone in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterSept 6 (Reuters) – The blank-check acquisition firm that agreed to merge with former U.S. President Donald Trump’s social media company failed on Tuesday to …

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Exclusive: Deal partner for Trump’s Truth Social fails to get backing for SPAC extension

The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 5 (Reuters) – The blank-check acquisition firm that agreed to merge with Donald Trump’s social media …

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